59, PETTS WOOD ROAD, PETTS WOOD, ORPINGTON, BR5 1JU - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 PETTS WOOD ROAD is a midsized extended detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £1,023,421. It was last sold for £550,000 in February 2011, which was around 3% below the average February 2011 detached price in the Bromley local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was E.

59 PETTS WOOD ROAD Sold Prices

Land registry data shows two sales for 59 PETTS WOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 59 PETTS WOOD ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 18 FEB	£550,000	£568,196	3% below HPI
2002 24 JUN	£305,000	£383,777	21% below HPI

59 PETTS WOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 59 PETTS WOOD ROAD sales from June 2002 and February 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2011 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 59 PETTS WOOD ROAD be worth now?

59 PETTS WOOD ROAD might now be worth an estimated £1,023,421.

This is based on house price inflation of 86.1%, between February 2011 and February 2025, for detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.1% inflationary increase is applied to the most recent sale price for 59 PETTS WOOD ROAD of £550,000 on 18th February 2011. For the value to have increased from £550,000 to £1,023,421 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 59 PETTS WOOD ROAD has moved in line with the HPI for detached houses in the Bromley local authority area.
• The February 2011 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 59 PETTS WOOD ROAD has not materially changed since February 2011.

How Large is 59 PETTS WOOD ROAD?

59 PETTS WOOD ROAD is 147m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 59 PETTS WOOD ROAD lies on this distribution: 51% of detached houses houses are smaller than 59 PETTS WOOD ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in London.

59 PETTS WOOD ROAD: Plot and Title Map

59 PETTS WOOD ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 59 PETTS WOOD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 59 PETTS WOOD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 59 PETTS WOOD ROAD?

59 PETTS WOOD ROAD is located in PETTS WOOD, in the BR5 postcode district. The below map shows the position of No. 59 on PETTS WOOD ROAD.